WAEC Commerce 2014 Theory — Question 2

Question 2 of 50 from the West African Examinations Council (WAEC) Commerce 2014 Theory paper, with the correct answer and a full explanation.

Shares, bonds, stocks and debentures traded on the stock exchange are collectively called

A. collaterals
B. commodities
C. resources
D. securitiesCorrect

Explanation

Shares, bonds, debentures and stocks are collectively called securities; hence the regulating agency is called the Securities and Exchange Commission.

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